Mufti
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| ISIN | 🆔 |
|---|---|
| Industry | Clothing, Fashion |
| Founded 📆 | 1998 in Mumbai, Maharashtra, India |
| Founder 👔 | Kamal Khushlani |
| Headquarters 🏙️ | , , |
Area served 🗺️ | |
| Products 📟 | Clothing |
| Members | |
Number of employees | |
| Parent | Credo Brands Marketing Pvt. Ltd. |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
Mufti is an Indian menswear brand based in Mumbai, India. It was founded in 1998. The company has more than 1,400 multi-brand outlets and 120 large format stores, as of 2017.[1][2] It manufactures shirts, jeans, t-shirts, sweatshirts, sweaters, jackets and competes with brands like Levi's, Lee, Wrangler, Spykar, USPA and United Colors of Benetton.[3][4]
History
Mufti was founded in 1998 by Kamal Khushlani.[5] The company is owned by Credo Brands Marketing Pvt Ltd.[3][6]
Bennett, Coleman & Co. Ltd. and some of the founder's friends own 35% stake in the company, which was valued at ₹600 crore (US$83 million) in 2014.[5][4]
Kartik Aaryan was appointed as a brand ambassador of the company in July 2018.[7]
Mufti won the 2019 Retailer of the Year award in the fashion and lifestyle category at Global Awards for Retail Excellence.[8]
See also
References
- ↑ Sinha, Partha; Kurian, Boby (May 26, 2017). "Valued at Rs 750 crore - ChrysCapital set to buy Mufti in Rs 500 crore deal". The Times of India.
- ↑ "Mufti's Goals: To be a global brand with Indian roots". FashionUnited. May 23, 2012.
- ↑ 3.0 3.1 Law, Abhishek (November 8, 2018). "Denim and casual-wear brand Mufti plans to ramp up its product portfolio". Business Line.
- ↑ 4.0 4.1 Roy, Debjyoti (September 26, 2016). "Mufti brand's promoter eyes stake sale, hires I-banker". VCCircle.
- ↑ 5.0 5.1 Balakrishnan, Reghu (September 26, 2016). "Kamal Khushlani in talks to sell Mufti denim brand". Livemint.
- ↑ Chaudhary, Deepti; Agarwal, Sapna (March 5, 2014). "Carlyle to invest up to `250 crore in Mufti". Livemint.
- ↑ "Kartik Aaryan becomes brand ambassador of 'Mufti'". United News of India. July 4, 2018.
- ↑ "MUFTI bags 'Retailer of the Year' award at Global Awards for Retail Excellence". indiantelevision.com. February 15, 2019.
Further reading
- William Nobrega; Ashish Sinha (2008). Riding the Indian Tiger: Understanding India – the World's Fastest Growing Market. John Wiley & Sons. ISBN 9780470257159. Search this book on
External links
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